Just an idea I have of what to expect for USD/JPY. I'm not big on posting ideas here, but figured I would give it a shot to see what people think of this. Fibonacci confluence with some Andrews Pitchforks and 50 SMA.
I feel like the harmonic pattern is on the extreme end of acceptable ratios, but we will see if it follows through.
I feel like the harmonic pattern is on the extreme end of acceptable ratios, but we will see if it follows through.
Note
DIdn't think it would be falling this fast, but the trade is forming up nicely.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.